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Q.

I have purchased 200 shares on 8.6.2011 @ 116.20/share. Today the rate of one share is Rs 60/. then what about my shares . Biradar.

About: Manappuram General Finance & Leasing Ltd.

Tags: money, today, 200 shares
Asked by Shivashankar Biradar, 09 Jun '11 02:23 pm
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Answers (4)

 
1.

The stock splits in 1;1 ratio ,means the cmopany has given the bonus 1;1 so the quantity become double nd the price will become half. your demate a/c will automaticaly be credited with in one week.
Answered by USHA CHOURASIA, 09 Jun '11 02:36 pm

 
  
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2.

Do average now. its best time to purchase this share for long term targets
Answered by Rajesh, 29 May '12 04:17 pm

 
  
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3.

Your number of shares have been doubled due to split.
Answered by Damodar Biswal, 09 Jun '11 02:30 pm

 
  
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4.

Multiply rs 60 by 2 the effective rate is rs 120 per share., the rate is down as u have been allotted 200 shares for free as bonus , which u will get in your account in about two weeks. now u should be having 400 shares and not 200. just wait for ten days and check your demat account
Answered by rajan, 09 Jun '11 02:26 pm

 
  
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